Tag: RENEWABLE ENERGY
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The Temporary Surge: Chinese Wind Turbine Exports to Europe Under Scrutiny
The International Energy Agency suggests that the recent spike in Chinese wind turbine exports to Europe is likely temporary. Reasons include market dynamics and geopolitical tensions that might affect the sustainability of growth in this sector. As Europe accelerates its energy transition, the implications of this reliance on Chinese imports need careful consideration. Recent data…
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Exploring the Surge: Europe’s Supercapacitors and Ultracapacitors Market to Reach $7.07 Billion by 2033
The Europe supercapacitors and ultracapacitors market is expected to grow substantially from $1.20 billion in 2023 to $7.07 billion by 2033, propelled by increasing applications across various industries such as consumer electronics and renewable energy. This surge, reflecting a CAGR of 19.39%, highlights the demand for energy-efficient solutions as Europe pushes towards electrification and sustainability.…
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Urgent Call for Private Investment in Europe’s Green Transition
The European Commission’s recent announcement of over €380 million in grants for 133 new projects highlights the urgent need for private investment to meet the total required funds of €574 million under the EU Green Deal. To achieve its climate goals, an additional €620 billion annually is necessary between 2023 and 2030, with private investors…
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Data Centers: Powering the Clean Energy Revolution in the US and Europe
Data centers are driving a shift towards renewable energy with US facilities accounting for 50% of corporate clean energy procurement, while Europe lags at about 20%. By the end of Q3 2024, US data centers are set to secure over 50 GW of clean energy, mostly from solar and wind. The report highlights significant clean…